President Gloria Macapagal Arroyo announces creation of a Special National Public-Private Reconstruction Commission. The Commission is tasked to undertake a study on the causes, costs and actions to be taken in the wake of the three typhoons that wrecked great damage to the country. It will also undertake the rehabilitation plan for wrecked infrastructure and other priorities; prioritize programs as well as oversee implementation of these programs.
The special commission that will be headed by a business leader will also raise funds, especially grants, to fund reconstruction. It will also serve as a clearing house for international assistance implemented by donors themselves using the cluster approach.
Furthermore, the Commission has also been tasked to request the United Nations and the World Bank to coordinate an international pledging session. (PIA)